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EU Farmgate Milk Prices. Published 10 April 17. The February EU weighted average milk price stood at â¬33.32/100kg (29.26ppl), down â¬0.11/100kg (0.3%) on the previous month. In pence per litre, the price was down on January by 0.37ppl (1.2%).
The main aim of these farm gate prices to protect the Ghanaian farmer by guaranteeing a secured income for them. They take into consideration the production cost to the farmer plus a 10% profit margin. The current farm gate prices are as follows; Maize(100kg)- GhÂ¢45 , Paddy Rice(85kg) â GhÂ¢35 and Soya(100kg)- GhÂ¢75. NAFCO currently has 73 Licensed Buying Companies. Licensed buying companies are mandated by NAFCO to reach out to farmers at the farm gates.